Air Products and Chemicals, Inc. $APD Holdings Lowered by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS trimmed its stake in shares of Air Products and Chemicals, Inc. (NYSE:APD) by 5.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 82,393 shares of the basic materials company’s stock after selling 4,760 shares during the period. KLP Kapitalforvaltning AS’s holdings in Air Products and Chemicals were worth $20,353,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in APD. Holos Integrated Wealth LLC bought a new stake in shares of Air Products and Chemicals during the 4th quarter worth about $25,000. Richardson Financial Services Inc. raised its position in shares of Air Products and Chemicals by 3,233.3% during the 4th quarter. Richardson Financial Services Inc. now owns 100 shares of the basic materials company’s stock worth $25,000 after buying an additional 97 shares in the last quarter. Caitlin John LLC bought a new stake in shares of Air Products and Chemicals during the 3rd quarter worth about $30,000. Financial Life Planners bought a new stake in shares of Air Products and Chemicals during the 3rd quarter worth about $30,000. Finally, Cloud Capital Management LLC bought a new stake in shares of Air Products and Chemicals during the 3rd quarter worth about $34,000. 81.66% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

APD has been the topic of a number of recent analyst reports. Sanford C. Bernstein restated an “outperform” rating and set a $315.00 price target on shares of Air Products and Chemicals in a research report on Monday, February 2nd. Wall Street Zen raised shares of Air Products and Chemicals from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Weiss Ratings raised shares of Air Products and Chemicals from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. Citigroup lifted their price objective on shares of Air Products and Chemicals from $285.00 to $315.00 and gave the stock a “neutral” rating in a research note on Monday, April 13th. Finally, Wells Fargo & Company raised shares of Air Products and Chemicals from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $270.00 to $325.00 in a research note on Friday, March 13th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $308.06.

Air Products and Chemicals Stock Performance

Shares of APD opened at $303.67 on Friday. The firm’s 50 day moving average is $286.50 and its 200-day moving average is $267.71. The stock has a market capitalization of $67.61 billion, a P/E ratio of -201.11, a P/E/G ratio of 2.79 and a beta of 0.80. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.46 and a quick ratio of 1.23. Air Products and Chemicals, Inc. has a 12-month low of $229.11 and a 12-month high of $304.00.

Air Products and Chemicals (NYSE:APD) last announced its quarterly earnings data on Friday, January 30th. The basic materials company reported $3.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.04 by $0.12. The company had revenue of $3.10 billion for the quarter, compared to analysts’ expectations of $3.05 billion. Air Products and Chemicals had a negative net margin of 2.73% and a positive return on equity of 15.77%. The business’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.86 EPS. Air Products and Chemicals has set its Q2 2026 guidance at 2.950-3.100 EPS and its FY 2026 guidance at 12.850-13.150 EPS. Equities research analysts anticipate that Air Products and Chemicals, Inc. will post 13.03 EPS for the current fiscal year.

Air Products and Chemicals Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, August 10th. Stockholders of record on Wednesday, July 1st will be given a $1.81 dividend. This represents a $7.24 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Wednesday, July 1st. Air Products and Chemicals’s dividend payout ratio (DPR) is -479.47%.

Insider Buying and Selling at Air Products and Chemicals

In other news, Director Ridge Lp Mantle sold 70,175 shares of Air Products and Chemicals stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $284.21, for a total value of $19,944,436.75. Following the transaction, the director directly owned 93,499 shares of the company’s stock, valued at $26,573,350.79. This trade represents a 42.87% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 1.88% of the stock is currently owned by company insiders.

Air Products and Chemicals Profile

Air Products and Chemicals, Inc is a global supplier of industrial gases and related equipment and services, headquartered in Allentown, Pennsylvania. The company produces and delivers atmospheric gases such as oxygen, nitrogen and argon, as well as specialty and process gases used across a wide range of industrial applications. Air Products designs, builds and operates gas production facilities, merchant distribution networks and on-site gas systems for customers that require reliable, high-purity gases and integrated supply solutions.

The company’s product and service portfolio includes packaged and bulk gas supply, pipeline distribution, on-site generation, gas handling and storage equipment, and engineered systems for gas liquefaction and purification.